Based on the $RLC /USDT 30-minute chart shown:

1. Current Momentum: The price has experienced a sharp upward movement, gaining 21.23% in the last 24 hours and currently sitting at $2.581. The breakout is supported by high trading volume (24h Volume: 12.82M USDT), signaling strong bullish sentiment.

2. Entry for Long Position: If you plan to go long, wait for a potential retracement to the $2.40–$2.45 support zone. This level aligns with prior resistance and could act as a new support.

Target: $2.77 (24h high) and $3.00 (psychological resistance).

Stop-Loss: $2.35 (below recent support to manage risk).

3. Entry for Short Position: If bearish rejection occurs near $2.77, consider a short position. Watch for a clear reversal candle or volume decline at this level.

Target: $2.45 (recent breakout level).

Stop-Loss: $2.85 (above the 24h high).

4. Key Indicators: Monitor RSI to check if the asset is overbought and MACD for signs of momentum shifts. Overextension may lead to short-term corrections.

5. Risk Management: Adjust position size and adhere to stop-loss levels to minimize potential losses due to market volatility.

This setup balances opportunities for both bullish and bearish scenarios while considering potential retracement and resistance levels.

#CryptoETFMania #GMTBurnVote #XmasCryptoMiracles #BinanceLabsBacksUsual